Loading...

⚠ ✕
❮ Top
☎ Help
☰
GST ▸
Central GST ▸
Integrated GST + ▸
UTGST / SGST ▸
GST Case Laws + ▸
Income Tax ▸
Income Tax ▸
Allied (Direct Tax) ▸
Income Tax Case Laws ▸
DTAA ▸
International Taxation ▸
Customs ▸
Customs Act / Rules ▸
Notifications / Forms ▸
Circulars / Tariff ▸
Case Laws / Manual ▸
FTP/SEZ ▸
Foreign Trade ▸
Notifications / Circulars / Appendix / Forms ▸
Special Economic Zone (SEZ) ▸
Corp. Law ▸
Company Laws ▸
Standards / Trusts ▸
Partnership / LLP / Societies ▸
Case Laws ▸
FEMA ▸
FEMA / FCRA ▸
Notifications / Circulars ▸
Manual / FAQ ▸
FEMA Case Laws ▸
SEBI / IBC ▸
SEBI ▸
SEBI Case Laws ▸
IBC ▸
IBC - Case Laws ▸
PMLA ▸
Benami Property ▸
Black Money ▸
Money Laundering ▸
Vivad ▸
Direct Tax ▸
Indirect Taxes ▸
Indian Laws ▸
Indian Laws ▸
Bharatiya Nyaya 2023 ▸
Finance Acts & Bills / Amendment Acts ▸
Case Laws ▸
Labour Laws ▸
Labour Code ▸
Old / Others ▸
Central Excise ▸
Central Excise - Cases ▸
Wealth Tax ▸
Service Tax ▸
Service Tax Cases ▸
CST / DVAT ▸
CST / VAT / Sales Tax ▸
×

By creating an account you can:

Logo TaxTMI
Keyword Search :
AI Tools : New
Ask tax questions in natural language. Powered by AI trained on the TaxTMI legal database. Use AI Tools ➞
Call Us / Help / Feedback✕

Contact Us At :

✉ E-mail: [email protected]

✆ Call / WhatsApp at: +91 99117 96707

For more information, Check Contact Us

FAQs :

To know Frequently Asked Questions, Check FAQs

Most Asked Video Tutorials :

For more tutorials, Check Video Tutorials

Submit Feedback/Suggestion :

Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters 0/2000
Make Most of Text Search ✕
  1. Checkout this video tutorial: How to search effectively on TaxTMI.
  2. Put words in double quotes for exact word search, eg: "income tax"
  3. Avoid noise words such as : 'and, of, the, a'
  4. Sort by Relevance to get the most relevant document.
  5. Press Enter to add multiple terms/multiple phrases, and then click on Search to Search.
    6. Text Search
  6. The system will try to fetch results that contains ALL your words.
  7. Once you add keywords, you'll see a new 'Search In' filter that makes your results even more precise.
    8. Text Search
╳
Add to...
You have not created any category. Kindly create one to bookmark this item!
✕
Create New Category
Hide
Title :
Description :
❮❮ Hide
❮ Default View
Expand ❯❯
Close ✕
🔎 News - Adv. Search ❯
TEXT SEARCH:

Press 'Enter' to add multiple search terms. Rules for Better Search

Search In:
Main Text + AI Text ❯
  • Main Text
  • Main Text + AI Text
  • AI Text
Category: ?
Categorized by AI
---- All Categories ---- ❯
  • ---- All Categories ----
  • Income Tax
  • GST
  • Customs, DGFT & SEZ
  • FEMA & RBI
  • Corp. Laws, SEBI & IBC
  • PMLA, Black Money & ED
  • Budget
  • News and Press Release
  • PTI News
Month:
---- All Months ---- ❯
  • ---- All Months ----
  • January
  • February
  • March
  • April
  • May
  • June
  • July
  • August
  • September
  • October
  • November
  • December
Year:
---- All Years ---- ❯
  • ---- All Years ----
  • 2026
  • 2025
  • 2024
  • 2023
  • 2022
  • 2021
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
Sort By: ?
In Sort By 'Default', exact matches for text search are shown at the top, followed by the remaining results in their regular order.
Relevance Default Date
    September 16, 2026
    ED arrests Kolkata man in land grabbing-linked PMLA case
    September 16, 2026
    The cumulative exports (merchandise & services) during April-August 2026-27 is estimated at US$ 399.27 Billion, as compared to US$ 345.55 Billion in A...
    September 16, 2026
    Rupee falls 3 paise to 95.91 against US dollar in early trade
    September 16, 2026
    CGST Delhi South Commissionerate busts firm for fraudulent availment of ITC of over Rs. 15.78 crore; arrests partner of firm
    September 16, 2026
    UPI Continues to Remain Free for Peer to Peer Transactions and 96% of Merchant Transactions
    September 15, 2026
    Introduction of MDR on large value transactions to strengthen UPI's long-term sustainability: RBI
    September 15, 2026
    Odisha to get Rs 3,406-cr silicon carbide semiconductor project
    September 15, 2026
    India's exports jump over 26 pc in August; trade gap shrinks to five-month low
    September 15, 2026
    Rupee extends losses for 6th session; ends 34 paise weaker at 95.88 against US dollar
    September 15, 2026
    After six free years, govt sets 0.4% fee on UPI payments above Rs 2,000, capped at Rs 300
    September 15, 2026
    ED chief orders action against IBC frauds, large haircuts to promoters
    September 15, 2026
    JCB India eyes 15-20 pc export growth in FY27: MD Deepak Shetty
    September 15, 2026
    India's exports rise 26.12 pc in August; trade deficit narrows to USD 26.86 bn
    September 15, 2026
    CBI Arrests CGST Superintendent and a Consultant in Bribery Case
    September 15, 2026
    Global Fintech Awards 2026 Celebrate Trailblazers Shaping the Future of Finance
    September 15, 2026
    IIFL Finance Becomes First Non-PSU NBFC to Execute ₹25 Crores Tokenised Bond Transaction
    September 15, 2026
    DICV Expands Regional Role as India Anchors New ISEAA Customer Region
    September 15, 2026
    India, New Zealand trade pact may come into force from later half of October: Comm Secy
    September 15, 2026
    All eyes on Sep 17 Tata Sons board meeting as listing, succession issues in focus
    September 15, 2026
    India, China start discussions on trade concerns; expected to hold more meetings going forward
❮
❯
❯❯
Maximize Maximize Maximize
0 / 200
Expand Note
Add to Folder

No Folders have been created

+

Are you sure you want to delete "My most important" ?

NOTE:

Open Link
News
Showing Results for :
Reset Filters
Results Found:
Show All Summaries Hide All Summaries
September 16, 2026
ED arrests Kolkata man in land grabbing-linked PMLA case
Show AI Summary
Money laundering investigation addresses alleged land grabbing through forged property records, fabricated claims, coercion, and denial of landowners' rights.
Money-laundering proceedings under the Prevention of Money Laundering Act concern alleged land grabbing through forged board resolutions, forged-sale agreements, fabricated deeds, and falsified property records. The alleged conduct includes manipulation of land records, civil proceedings based on false claims, denial of landowners' lawful entitlements, and threats or physical force against persons asserting legitimate rights. The investigation is linked to multiple police FIRs concerning the individual and associated entities.
September 16, 2026
The cumulative exports (merchandise & services) during April-August 2026-27 is estimated at US$ 399.27 Billion, as compared to US$ 345.55 Billion in April-August 2025-26, an estimated growth of 15.55%.
Show AI Summary
Trade performance estimates show merchandise and services exports increasing while imports rise, widening the cumulative trade deficit.
External trade estimates for April-August 2026-27 show combined merchandise and services exports of US$399.27 billion and imports of US$459.65 billion, with a trade deficit of US$60.38 billion. Merchandise exports reached US$215.91 billion, while services exports were estimated at US$183.36 billion. Non-petroleum exports increased to US$180.61 billion. Growth in August merchandise exports was driven by electronic goods, petroleum products, engineering goods, chemicals, and cotton yarn, fabrics, made-ups and handloom products. Services-sector figures for August were estimated using data available through July.
September 16, 2026
Rupee falls 3 paise to 95.91 against US dollar in early trade
Show AI Summary
Rupee depreciation amid dollar strength and foreign fund outflows highlights pressure from global monetary expectations and elevated oil prices.
Rupee depreciation against the US dollar in early trading reflected pressure from a stronger dollar and net foreign fund outflows, notwithstanding support from positive domestic equity-market performance. Dollar strength was associated with market expectations of a US Federal Reserve interest-rate increase to address inflation linked to higher oil prices. Elevated crude oil prices and risks to oil exports remained concerns, while domestic equity gains provided countervailing support.
September 16, 2026
CGST Delhi South Commissionerate busts firm for fraudulent availment of ITC of over Rs. 15.78 crore; arrests partner of firm
Show AI Summary
Fraudulent input tax credit through bogus invoices prompted arrest following allegations of invoicing without actual supply of goods.
The investigation concerned alleged fraudulent availment and passing on of inadmissible input tax credit through bogus invoices. Multiple suppliers were identified as non-existent, non-functional, suspended or cancelled, while field verification indicated an absence of genuine business activity at certain declared premises. Input tax credit was allegedly availed without receipt of goods and passed on through invoices without corresponding supplies. Statements recorded during investigation led to the arrest of a firm partner under the CGST Act.
September 16, 2026
UPI Continues to Remain Free for Peer to Peer Transactions and 96% of Merchant Transactions
Show AI Summary
UPI merchant discount rate framework preserves free individual and small-merchant payments while charging specified larger merchant transactions.
UPI person-to-person transactions remain free irrespective of value, and person-to-merchant payments up to Rs.2,000 remain outside the merchant discount rate framework. Small merchants receiving qualifying UPI QR payments under the P2PM category continue to receive zero MDR treatment. MDR applies only to specified merchant payments above the threshold, with separate treatment for essential sectors and capital-market payments. Customers are not liable for MDR, merchants must not pass it on, and UPI application providers may not levy platform fees or hidden charges. MDR revenue supports payment ecosystem participants and small-merchant UPI adoption.
September 15, 2026
Introduction of MDR on large value transactions to strengthen UPI's long-term sustainability: RBI
Show AI Summary
Merchant discount rate on large-value UPI merchant payments supports infrastructure investment while preserving free user payments.
Merchant Discount Rate (MDR) of 0.4 per cent applies to large-value UPI person-to-merchant payments exceeding Rs 2,000 from October 15. MDR is a merchant payment ecosystem charge, not a fee payable by customers. Person-to-person UPI payments remain free for users, while person-to-merchant UPI payments below Rs 2,000 remain free for merchants. MDR distribution is intended to support payment technology, infrastructure, acceptance networks and sustained UPI growth.
September 15, 2026
Odisha to get Rs 3,406-cr silicon carbide semiconductor project
Show AI Summary
Special economic zone approval enables a silicon carbide semiconductor facility operating under an export-oriented technology investment framework.
Approval for a special economic zone-linked silicon carbide semiconductor manufacturing unit permits establishment of a facility under the jurisdiction of Falta Special Economic Zone. The unit is proposed to manufacture silicon carbide diodes and silicon carbide MOSFETs. Project financing combines government capital subsidies and promoter contribution, while the facility is projected to support export-oriented advanced semiconductor manufacturing, domestic capabilities, and technology-driven capital investment.
September 15, 2026
India's exports jump over 26 pc in August; trade gap shrinks to five-month low
Show AI Summary
Merchandise trade performance reflects strong export momentum, import-led deficit pressures, and expanded services trade during August.
Merchandise exports increased by 26.12 per cent year-on-year to USD 43.81 billion in August, led by electronics, engineering goods and petroleum products. Merchandise imports rose 14.1 per cent to USD 70.76 billion, driven by crude oil, project goods, electronic items, silver, coal and coke. Gold imports declined substantially, contributing to a five-month low merchandise trade deficit. During April-August 2026-27, higher imports reflected domestic economic expansion, energy requirements and manufacturing-sector input needs.
September 15, 2026
Rupee extends losses for 6th session; ends 34 paise weaker at 95.88 against US dollar
Show AI Summary
Foreign exchange market pressures weakened the rupee as oil-import demand, risk aversion, dollar strength, and rising yields intensified.
Foreign exchange market pressures led to a sixth consecutive session of rupee depreciation against the US dollar. Higher Brent crude prices, dollar demand from oil importers, risk aversion, a stronger dollar and elevated global Treasury yields heightened concerns over inflation and India's external trade balance. Potential RBI intervention was viewed as a factor that could support the rupee at lower levels.
September 15, 2026
After six free years, govt sets 0.4% fee on UPI payments above Rs 2,000, capped at Rs 300
Show AI Summary
Merchant discount rates for larger merchant UPI payments introduce category-based fees while preserving free consumer transfers.
Merchant discount rate framework introduces a 0.4 per cent charge on direct person-to-merchant UPI payments exceeding Rs 2,000, effective from 15 October 2026. The charge is capped at Rs 300 for higher-value payments and is payable by merchants to acquiring banks. Person-to-person transfers remain free regardless of value, and P2M payments up to Rs 2,000 remain outside the charge. App providers may not impose platform fees or hidden charges, and banks must prevent merchants from passing MDR costs to customers.
September 15, 2026
ED chief orders action against IBC frauds, large haircuts to promoters
Show AI Summary
Insolvency fraud enforcement targets collusive resolutions, coordinated predicate-offence investigations, accelerated money-laundering trials, and earlier victim asset restoration.
Enforcement priorities target suspected insolvency-resolution frauds involving collusive large haircuts, promoter reacquisition of assets, related-party claim inflation, creditor-process manipulation, asset stripping, and circumvention of resolution-applicant ineligibility. Coordination with police and other agencies is emphasised for predicate offences, including joint investigation teams and committal applications to enable combined trials of predicate and money-laundering offences. Asset restoration for legitimate victims is to be pursued early, especially in investor and homebuyer frauds.
September 15, 2026
JCB India eyes 15-20 pc export growth in FY27: MD Deepak Shetty
Show AI Summary
Export expansion and domestic manufacturing guide JCB India's strategy through broader equipment offerings, fuel efficiency, and operator comfort.
JCB India targets 15-20 per cent export growth during the current financial year and plans a similar increase in annual production. Its export operations cover approximately 135 countries, including Southeast Asia, Africa and developed markets. The company's construction and earthmoving equipment portfolio is designed, engineered and manufactured in India for domestic and international customers, with product development focused on fuel efficiency, operator ergonomics, comfort and productivity.
September 15, 2026
India's exports rise 26.12 pc in August; trade deficit narrows to USD 26.86 bn
Show AI Summary
Merchandise export growth driven by petroleum products coincided with lower gold imports and a narrowing trade deficit.
Merchandise exports increased sharply in August, led by petroleum product shipments, while imports also rose year-on-year. Reduced gold imports contributed to a narrower merchandise trade deficit. During the first five months of the fiscal year, the cumulative deficit widened as higher imports reflected domestic expansion, energy requirements and manufacturing-input demand. Energy commodities and electronic goods were principal contributors to the deficit, while export growth was supported by engineering goods, petroleum products, chemicals and textiles.
September 15, 2026
CBI Arrests CGST Superintendent and a Consultant in Bribery Case
Show AI Summary
Bribery allegations in CGST redevelopment approvals lead to arrests following a trap involving an intermediary consultant.
Bribery allegations concerning CGST redevelopment approvals led to registration of a case against a CGST Superintendent and unknown persons. The Superintendent allegedly sought undue advantage for issuing a no-objection certificate and handing over CGST-owned flats. Following verification, a trap was laid after the complainant was allegedly directed to deliver cash to a CGST consultant. Both the Superintendent and consultant were arrested, produced before the competent court, and placed in police custody. Further investigation remains in progress.
September 15, 2026
Global Fintech Awards 2026 Celebrate Trailblazers Shaping the Future of Finance
Show AI Summary
Financial technology innovation receives recognition across banking, payments, lending, insurance, wealth management, cybersecurity and digital trust.
Global Fintech Awards 2026 recognised financial-technology innovation across banking, fintech, artificial intelligence, digital trust and identity, payments, lending, insurance, wealth management and cybersecurity. Its theme emphasised trusted, connected and inclusive financial systems, identifying Agentic AI, tokenisation and quantum technologies as areas of transformation. AI-powered financial innovation recognition covered AI applications in payments, banking, lending, insurance, and asset or wealth management.
September 15, 2026
IIFL Finance Becomes First Non-PSU NBFC to Execute ₹25 Crores Tokenised Bond Transaction
Show AI Summary
Tokenised corporate bonds under the regulatory sandbox enable blockchain-based issuance and settlement experimentation for non-banking finance companies.
IIFL Finance completed a tokenised bond transaction under the SEBI Regulatory Sandbox framework for securities tokenisation. The transaction used the Metropolitan Stock Exchange of India bidding platform, with Trust Investment Advisors Private Limited as sole arranger and advisor, and the bonds are intended to be listed on the National Stock Exchange of India. Securities tokenisation digitally represents securities through blockchain and distributed ledger technology to support more efficient, transparent and faster debt-market processes.
September 15, 2026
DICV Expands Regional Role as India Anchors New ISEAA Customer Region
Show AI Summary
Commercial-vehicle safety readiness and connected fleet support underpin expanded regional operations, automated transmission adoption, and localized manufacturing investment.
BharatBenz's product transformation is directed toward safer, more productive and efficient commercial transport. The truck and bus portfolio is being prepared with Advanced Driver Assistance Systems calibrated to Indian operating conditions in advance of evolving safety requirements. Automated Manual Transmission technology is being expanded to improve driver comfort, reduce fatigue, support fleet safety and efficiency, and lower total cost of ownership. Customer support combines connected fleet technology, service assurance, parts availability and service-network expansion.
September 15, 2026
India, New Zealand trade pact may come into force from later half of October: Comm Secy
Show AI Summary
Duty-free market access under the India-New Zealand free trade agreement is expected to support goods, services, and investment ties.
India-New Zealand Free Trade Agreement is expected to enter into force in the latter half of October 2026, subject to both parties completing operationalisation processes and procedures. The agreement grants duty-free access to New Zealand for 100 per cent of Indian exports, replacing existing peak tariffs on key Indian products. It is intended to expand bilateral trade in goods and services, promote investment, and includes New Zealand's investment commitment in India.
September 15, 2026
All eyes on Sep 17 Tata Sons board meeting as listing, succession issues in focus
Show AI Summary
NBFC registration surrender denial places listing, chairman continuity, and trust nomination deadlock at the centre of governance deliberations.
RBI's rejection of Tata Sons' application to surrender its NBFC registration retains the company within the regulatory framework associated with a stock-exchange listing requirement. A prospective listing would entail regular disclosure obligations, greater scrutiny of finances, capital allocation and investments, and increased public shareholder expectations. The listing issue intersects with chairman continuity and succession, while proceedings restraining the Sir Ratan Tata Trust from holding meetings may impede joint trustee nominations required to constitute the chairman selection committee.
September 15, 2026
India, China start discussions on trade concerns; expected to hold more meetings going forward
Show AI Summary
Bilateral trade engagement addresses structural imbalances, supply chain concerns, and investment restrictions through continued ministerial discussions.
India and China have commenced bilateral trade engagement to identify positions on trade-related concerns and pursue further meetings. Discussions are directed at structural trade imbalances, supply-chain issues, and trust in commercial relations. India's widening trade deficit with China is identified as a principal concern, while investment issues remain relevant because India has tightened its foreign direct investment policy for countries sharing land borders with it. Engagement is intended to explore approaches to more balanced commercial relations and supply-chain resilience.

News

Back

All News

Showing Results for :
Reset Filters
No Records Found

News

Home › news › Customs, DGFT & SEZ › 2026 › September, 2026 › This
Back

All News

Showing Results for : Reset Filters
Customs, DGFT & SEZ

The cumulative exports (merchandise & services) during April-August 2026-27 is estimated at US$ 399.27 Billion, as compared to US$ 345.55 Billion in April-August 2025-26, an estimated growth of 15.55%.

September 16, 2026

Contents
Summary
Note

Note

-

Bookmark

Print

Print

Print Options

The cumulative value of merchandise exports during April-August 2026-27 was US$ 215.91 Billion, as compared to US$ 183.21 Billion during April-August 2025-26, registering a positive growth of 17.85%

The cumulative Non-Petroleum exports in April-August 2026-27 valued at US$ 180.61 Billion registered an increase of 14.39% as compared to US$ 157.89 Billion in April-August 2025-26

Major drivers of merchandise exports growth in August 2026 include Electronic Goods, Petroleum Products, Engineering Goods, Organic & Inorganic Chemicals, Cotton Yarn/Fabs./made-ups, and Handloom Products etc.

Electronic Goods exports increased by 89.82% from US$ 2.93 Billion in August 2025 to US$ 5.55 Billion in August 2026

Petroleum Products exports increased by 63.27% from US$ 4.17 Billion in August 2025 to US$ 6.81 Billion in August 2026

Engineering Goods exports increased by 24.86% from US$ 9.87 Billion in August 2025 to US$ 12.32 Billion in August 2026

Organic & Inorganic Chemicals exports increased by 16.38% from US$ 2.41 Billion in August 2025 to US$ 2.80 Billion in August 2026

Cotton Yarn/Fabs./made-ups, Handloom Products exports increased by 13.79% from US$ 0.99 Billion in August 2025 to US$ 1.12 Billion in August 2026

India’s total exports (Merchandise and Services combined) for August 2026* is estimated at US$ 82.68 Billion, registering a positive growth of 25.41 percent vis-à-vis August 2025. Total imports (Merchandise and Services combined) for August 2026* is estimated at US$ 92.09 Billion, registering a positive growth of 18.75 percent vis-à-vis August 2025.

Table 1: Trade during August 2026*

 

 

August 2026

(US$ Billion)

August 2025

(US$ Billion)

Merchandise

Exports

43.81

34.74

Imports

70.67

61.96

Services*

Exports

38.87

31.19

Imports

21.42

15.59

Total Trade

(Merchandise +Services) *

Exports

82.68

65.93

Imports

92.09

77.55

Trade Balance

-9.41

-11.62

* Note: The latest data for services sector released by RBI is for July 2026. The data for August 2026 is an estimation. (ii) Data for April-August 2025-26 and April-June 2026-27 has been revised on pro-rata basis using quarterly balance of payments data.

Fig 1: Total Trade during August 2026*

India’s total exports during April-August 2026-27* is estimated at US$ 399.27 Billion registering a positive growth of 15.55 percent. Total imports during April-August 2026-27* is estimated at US$ 459.65 Billion registering a growth of 18.01 percent.

Table 2: Trade during April-August 2026-27*

 

 

April-August 2026-27

(US$ Billion)

April-August 2025-26

(US$ Billion)

Merchandise

Exports

215.91

183.21

Imports

363.00

307.09

Services*

Exports

183.36

162.34

Imports

96.65

82.40

Total Trade

(Merchandise +Services) *

Exports

399.27

345.55

Imports

459.65

389.49

Trade Balance

-60.38

-43.94

Fig 2: Total Trade during April-August 2026-27* 

        

MERCHANDISE TRADE

  • Merchandise exports during August 2026 were US$ 43.81 Billion as compared to US$ 34.74 Billion in August 2025.
  • Merchandise imports during August 2026 were US$ 70.67 Billion as compared to US$ 61.96 Billion in August 2025.

Fig 3: Merchandise Trade during August 2026

  • Merchandise exports during April-August 2026-27 were US$ 215.91 Billion as compared to US$ 183.21 Billion during April-August 2025-26.
  • Merchandise imports during April-August 2026-27 were US$ 363.00 Billion as compared to US$ 307.09 Billion during April-August 2025-26.
  • Merchandise trade deficit during April-August 2026-27 was US$ 147.09 Billion as compared to US$ 123.88 Billion during April-August 2025-26.

Fig 4: Merchandise Trade during April-August 2026-27

  • Non-petroleum and non-gems & jewellery exports in August 2026 were US$ 34.68 Billion compared to US$ 28.26 Billion in August 2025.
  • Non-petroleum, non-gems & jewellery (gold, silver & precious metals) imports in August 2026 were US$ 49.22 Billion compared to US$ 41.39 Billion in August 2025.

Table 3: Trade excluding Petroleum and Gems & Jewellery during August 2026

 

August 2026

(US$ Billion)

August 2025 (US$ Billion)

Non- petroleum exports

37.00

30.57

Non- petroleum imports

53.98

48.69

Non-petroleum & Non-Gems & Jewellery exports

34.68

28.26

Non-petroleum & Non-Gems & Jewellery imports

49.22

41.39

Note: Gems & Jewellery Imports include Gold, Silver & Pearls, precious & Semi-precious stones

Fig 5: Trade excluding Petroleum and Gems & Jewellery during August 2026

 

  • Non-petroleum and non-gems & jewellery exports in April-August 2026-27 were US$ 168.69 Billion, compared to US$ 146.52 Billion in April-August 2025-26.
  • Non-petroleum, non-gems & jewellery (gold, silver & precious metals) imports in April-August 2026-27 were US$ 241.24 Billion, compared to US$ 202.34 Billion in April-August 2025-26.

Table 4: Trade excluding Petroleum and Gems & Jewellery during April-August 2026-27

 

April-August 2026-27

(US$ Billion)

April-August 2025-26

(US$ Billion)

Non- petroleum exports

180.61

157.89

Non- petroleum imports

267.43

229.02

Non-petroleum & Non Gems & Jewellery exports

168.69

146.52

Non-petroleum & Non Gems & Jewellery imports

241.24

202.34

Note: Gems & Jewellery Imports include Gold, Silver & Pearls, precious & Semi-precious stones

Fig 6: Trade excluding Petroleum and Gems & Jewellery during April-August 2026-27

SERVICES TRADE

  • The estimated value of services export for August 2026* is US$ 38.87 Billion as compared to US$ 31.19 Billion in August 2025.
  • The estimated value of services imports for August 2026* is US$ 21.42 Billion as compared to US$ 15.59 Billion in August 2025.

Fig 7: Services Trade during August 2026*

 

  • The estimated value of service exports during April-August 2026-27* is US$ 183.36 Billion as compared to US$ 162.34 Billion in April-August 2025-26.
  • The estimated value of service imports during April-August 2026-27* is US$ 96.65 Billion as compared to US$ 82.40 Billion in April-August 2025-26.
  • The services trade surplus for April-August 2026-27* is US$ 86.71 Billion as compared to US$ 79.94 Billion in April-August 2025-26.

Fig 8: Services Trade during April-August 2026-27*

  • Exports of  Iron Ore (126.3%), Electronic Goods (89.82%), Petroleum Products (63.27%), Meat, Dairy & Poultry Products (37.08%), Handicrafts Excl. Hand Made Carpet (29.63%), Marine Products (27.76%), Engineering Goods (24.86%), Plastic & Linoleum (18.92%), Coffee (17.08%), Organic & Inorganic Chemicals (16.38%), Cotton Yarn/Fabs./Made-Ups, Handloom Products Etc. (13.79%), Man-Made Yarn/Fabs./Made-Ups Etc. (9.92%), Cereal Preparations & Miscellaneous Processed Items (7.39%), Carpet (5.38%), Rice (4.12%), Drugs & Pharmaceuticals (3.84%), Cashew (3.59%), and Gems & Jewellery (0.69%) recorded positive growth during August 2026 over the corresponding month of last year.
  • Imports of Gold (-57.75%), Pulp And Waste Paper (-13.83%), Iron & Steel (-11.69%), Newsprint (-10.85%), Textile Yarn Fabric, Made-Up Articles (-8.12%), Medcnl. & Pharmaceutical Products (-7.9%), Wood & Wood Products (-3.17%), Leather & Leather Products (-1.33%), and Organic & Inorganic Chemicals (-0.51%) recorded negative growth during August 2026 over the corresponding month of last year.
  • Services exports is estimated to grow by 12.95 percent during April-August 2026-27* over April-August 2025-26.
  • Top 5 export destinations, in terms of change in value, exhibiting positive growth in August 2026 vis a vis August 2025 are U S A (21.83%), Singapore (160.96%), Spain (196.47%), China P Rp (52.35%), and Tanzania Rep (214.52%).
  • Top 5 export destinations, in terms of change in value, exhibiting positive growth in April-August 2026-27 vis a vis April-August 2025-26 are Singapore (96.56%), China P Rp (38.71%), U S A (6.17%), Tanzania Rep (129%), and Malaysia (75.4%).
  • Top 5 import sources, in terms of change in value, exhibiting growth in August 2026 vis a vis August 2025 are U S A (65.78%), Russia (43.82%), China P Rp (17.07%), Oman (157.45%), and Taiwan (108.31%)
  • Top 5 import sources, in terms of change in value, exhibiting growth in April-August 2026-27 vis a vis April-August 2025-26 are Russia (56.69%), China P Rp (27.01%), U S A (29.6%), Oman (190.63%), and Brazil (159.83%).

Link for Quick Estimates

Exim Summary table based on Quick Estimate August 2026 - Export
Exim Summary table based on Quick Estimate August 2026- Import
Exim Summary table based on Quick Estimate August 2026- Country-wise Export
Exim Summary table based on Quick Estimate August 2026- Country-wise Import

 

Topics

Acts Income Tax
Next ➔